NOT LISTED FOR SALE

12 Spa Creek Landing Unit B2 Annapolis, MD 21403

Eastport Neighborhood

Estimated Value: $578,000 - $674,000

2 Beds
2 Baths
1,289 Sq Ft
$480/mo HOA Fee

Last Sold August 24, 2016

Last sale price $390,000 $303 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,309/month

104 Days on Market

Highlights

  • Boat Ramp
  • Water Views
  • Boat or Launch Ramp
  • 1 Dock Slip
  • Pier
  • Home fronts navigable water

About This Home

As of August 2016

Past rental income of $2k/mos. Lowest Price on market for 2BR/2BA WATERFRONT condo in Annapolis w/40' DEEDED BOAT SLIP. This exclusive, waterfront condominium on Spa Creek is located in the gated community of Shearwater w/waterside pool & tennis courts. Paddle, peddle or walk to town. Wood burning fireplace, open floorplan, fresh paint throughout! Slip # B-55

Last Agent to Sell the Property

Susan Meredith Lapides

EKB Realty Listed on: 04/01/2016

Last Buyer's Agent

Dana McConville

Keller Williams Flagship

Keller Williams Flagship

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,391

Year Built

  • Built in 1985

Lot Details

  • Home fronts navigable water
  • Creek or Stream

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Transitional Architecture
  • Cedar

Interior Spaces

  • 1,289 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Water Views
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Private Pool

Outdoor Features

  • Pier
  • Water Access
  • Boat or Launch Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Shared Waterfront
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Balcony
  • Deck

Location

  • Property is near a creek

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020680990040695
  • $50 Front Foot Fee per year

Community Details

Overview

  • Association fees include pool(s), management, lawn maintenance, snow removal
  • 6 Units
  • Low-Rise Condominium
  • Shearwater Condo Association Community
  • Shearwater Subdivision
  • The community has rules related to covenants, parking rules, renting, no recreational vehicles, boats or trailers

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Racquetball
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Additional Features

  • Common Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,391

Year Built

Built in 1985

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2016-04-01
  • Year Built: 1985
  • Remarks Public: Past rental income of $2k/mos. Lowest Price on market for 2BR/2BA WATERFRONT condo in Annapolis w/40' DEEDED BOAT SLIP. This exclusive, waterfront condominium on Spa Creek is located in the gated community of Shearwater w/waterside pool & tennis courts. Paddle, peddle or walk to town. Wood burning fireplace, open floorplan, fresh paint throughout! Slip # B-55
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Icemaker, Oven/Range - Electric, Washer
  • Interior Amenities: Combination Dining/Living, Primary Bath(s), Floor Plan - Traditional, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1289
  • Living Area Sq Ft: 1289
  • Price Per Sq Ft: 314.20
  • Above Grade Finished Sq Ft: 1289
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Cabana/Pool House
  • Construction Materials: Cedar
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: SPA CREEK
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community, Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 480.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pool - Outdoor, Boat Ramp, Common Grounds, Gated Community, Pier/Dock, Racquet Ball, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Pool(s), Management, Lawn Maintenance, Snow Removal
  • HOA Condo Co-Op Rules: Covenants, Parking, Pets - Allowed, Pets - Area, Renting, Restrictions, Rv/Boat/Trail
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932

Lot Info

  • Improvement Assessed Value: 200700.00
  • Land Assessed Value: 200700.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Year Assessed: 2015

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Assigned
  • Front Foot Fee: 50.00
  • Mean Low Water Feet: 5
  • Waterfront Features: Boat/Launch Ramp, Shared

Tax Info

  • Assessor Parcel Number: 15323728
  • Tax Annual Amount: 5391.30
  • Assessor Parcel Number: 020680990040695
  • Tax Year: 2014
  • Close Date: 08/24/2016

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Aug 24, 2016
Sold by
Glenn Donald E and Glenn Janis S
Bought by
Lafortune Michael J and Lafortune Elizabeth M
Seller's Agent
Susan Meredith Lapides
EKB Realty
Buyer's Agent
Dana McConville
Keller Williams Flagship
List Price
$405,000
Sold Price
$390,000
Premium/Discount to List
-$15,000
-3.7%
Total Days on Market
104
Current Estimated Value
$626,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,160
Avg. Annual Appreciation
5.53%
Original Mortgage
$292,500
Outstanding Balance
$237,143
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$389,017

Purchase Details

Closed on
Mar 23, 1999
Sold by
Krohn Stanley W
Bought by
Glenn Donald E and Glenn Janis S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lafortune Michael J $390,000 Charter Title Llc
Glenn Donald E $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafortune Michael J $292,500
Previous Owner Glenn Donald E $396,700
Previous Owner Glenn Janis S $41,000
Previous Owner Glenn Donald E $417,000
Closed Glenn Donald E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $390,000 -3.7% $303 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $405,000 +3.8% $314 / Sq Ft
06/17/2016 06/17/16 Off Market $390,000 -- --
05/30/2016 05/30/16 Pending -- -- --
05/20/2016 05/20/16 Price Changed $405,000 -3.3% $314 / Sq Ft
04/25/2016 04/25/16 Price Changed $419,000 -4.6% $325 / Sq Ft
04/01/2016 04/01/16 For Sale $439,000 0.0% $341 / Sq Ft
03/08/2014 03/08/14 Rented $1,850 -11.9% --
02/28/2014 02/28/14 Under Contract -- -- --
01/06/2014 01/06/14 For Rent $2,100 +5.3% --
04/01/2013 04/01/13 Rented $1,995 0.0% --
03/06/2013 03/06/13 Under Contract -- -- --
02/13/2013 02/13/13 For Rent $1,995 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,073 $431,667 $0 $0
2023 $5,764 $401,400 $200,700 $200,700
2022 $5,656 $401,400 $200,700 $200,700
2021 $11,311 $401,400 $200,700 $200,700
2020 $5,660 $401,400 $200,700 $200,700
2019 $5,664 $401,400 $200,700 $200,700
2018 $5,583 $401,400 $200,700 $200,700
2017 $4,401 $401,400 $0 $0
2016 -- $395,733 $0 $0
2015 -- $390,067 $0 $0
2014 -- $384,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002398672

Bright MLS

APN: 06-809-90040695